AALBORG VAND A/S — Credit Rating and Financial Key Figures

CVR number: 32651828
Norbis Park 100, Stae 9310 Vodskov
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Company information

Official name
AALBORG VAND A/S
Established
2009
Domicile
Stae
Company form
Limited company
Industry

About AALBORG VAND A/S

AALBORG VAND A/S (CVR number: 32651828) is a company from AALBORG. The company recorded a gross profit of 129 mDKK in 2024. The operating profit was 64.3 mDKK, while net earnings were 65.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 66.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. AALBORG VAND A/S's liquidity measured by quick ratio was 1.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales48.20103.6956.35
Gross profit31.7186.7737.3757.38129.03
EBIT-25.0729.10-23.90-1.2264.25
Net earnings-24.5928.06-10.087.4665.64
Shareholders equity total700.84728.90718.82731.49791.92
Balance sheet total (assets)1 034.641 042.691 039.661 117.691 195.44
Net debt-31.95-28.17-9.5033.1469.15
Profitability
EBIT-%-52.0 %28.1 %-42.4 %
ROA-2.5 %2.8 %-2.2 %0.3 %6.0 %
ROE-3.4 %3.9 %-1.4 %1.0 %8.6 %
ROI-2.9 %3.3 %-2.6 %0.3 %7.2 %
Economic value added (EVA)-66.20-13.99-60.92-43.6916.38
Solvency
Equity ratio68.0 %70.2 %69.4 %65.3 %66.4 %
Gearing8.9 %8.5 %10.3 %18.1 %20.6 %
Relative net indebtedness %301.0 %134.9 %315.9 %
Liquidity
Quick ratio8.73.22.33.21.8
Current ratio7.52.92.23.01.7
Cash and cash equivalents94.4389.9983.5699.5993.92
Capital use efficiency
Trade debtors turnover (days)200.577.7139.4
Net working capital %132.0 %-9.7 %-18.0 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:5.98%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.4%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Board member
Chairman of the board
Board member
Board member

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